About this role
Job Summary
At BlackRock, Alternatives Fund Controllers (AFC) play a critical role in delivering independent oversight, strong governance, and financial integrity across the firm’s alternative investment platform. The AFC function partners closely with Investment Teams, Product Strategy, Valuations, and external service providers to ensure accurate, timely, and controlled valuation and reporting of alternative investment funds.
The Associate will support oversight of Net Asset Value (NAV) and fund financial reporting across Private Equity, Real Estate, Infrastructure, Private Credit, Hedge Funds, and Fund of Funds. This role provides exposure to complex fund structures, fund lifecycle events, and controller-level responsibilities within a global operating model.
Key Responsibilities
NAV Oversight & Financial Control:
Review NAVs prepared by external fund administrators
Analyze P&L, balance sheet movements, and investor allocations
Validate management and performance fees
Assess valuation estimates and escalate risks
Fund Lifecycle & Operational Oversight:
Support fund launches, capital calls, distributions, and liquidations
Interpret fund governing documents and side letters
Support onboarding and oversight of fund administrators
Reporting, Audit & Regulatory Support:
Support audits, financial statements, and regulatory filings
Respond to audit and stakeholder queries
Adhere to internal control frameworks
Stakeholder Partnership & Transformation:
Partner with investment, valuation, and operations teams
Drive operational improvement and automation initiatives
Support data and AI-driven transformation
Qualifications
Degree in Accounting, Finance, Commerce, or related field
Associate: 5–9 years experience
Experience in fund accounting, audit, or asset management preferred
Skills & Competencies
Strong analytical and financial skills
Risk and control perspective
Strong communication and partner management
Advanced Excel proficiency
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
Skills Required
- Degree in Accounting, Finance, Commerce, or related field
- 5-9 years experience
- Experience in fund accounting, audit, or asset management
BlackRock Compensation & Benefits Highlights
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Retirement Support — The U.S. plan combines a 50% match on the first 8% of eligible pay you contribute with an additional 3–5% company retirement contribution, alongside an Employee Stock Purchase Plan. This structure is positioned as stronger than many large employers and stands out for long‑term savings in finance.
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Parental & Family Support — Paid parental leave includes at least 16 weeks at 100% for primary caregivers (and 4 weeks for non‑primary), with bereavement and miscarriage/stillbirth leave plus a flexible return‑to‑work transition. Family‑forming and caregiving resources include adoption support, fertility benefits, and back‑up child and elder care in some locations.
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Healthcare Strength — Offerings include comprehensive medical, dental, and vision plans, telemedicine, wellness incentives, gym discounts, EAP counseling, and free access to Calm. Some offices also provide onsite health services.
BlackRock Insights
What We Do
As the world’s largest asset manager, BlackRock partners with investors around the globe to help them (and those on whose behalf they invest) plan for life’s most important goals – like retirement, home ownership and their children’s education. Our clients range from governments, foundations and other large institutions to those investing on behalf of individuals, including firefighters, nurses, teachers and factory workers. BlackRock was founded with the idea of creating a better asset management firm — one that was purpose-driven, focused on clients and risk management, and propelled by data and technology. Our breakthrough Aladdin® platform is BlackRock’s technological backbone, helping investors see and manage their whole portfolios in one place – from constructing investments to monitoring risk and executing trades. Used by hundreds of external institutions around the world, Aladdin combines powerful analytics and a common language to help investment teams make faster, more informed decisions across public and private markets. It’s a key part of our business and one of the reasons we’re trusted to manage more assets than any other investment manager today. At BlackRock, we challenge conventions and raise the bar for what’s possible. We harness technology to unlock new solutions, simplify complexity, and deliver investment strategies that meet people where they are. Whether it’s retirement planning, wealth building or navigating market shifts, we’re here to help clients invest more easily, more affordably and with more choice as we chart a path toward financial well-being together. Learn more: Careers.BlackRock.com
Why Work With Us
Without our people, technology is irrelevant. When we combine the power of people with the power of technology, we amplify our ability to create better outcomes for our employees, clients, shareholders and society alike.
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BlackRock Teams
BlackRock Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
BlackRock has 25,000 employees across more than 100 offices in over 40 countries around the world.
